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20120930
20121008
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Search Results 0 to 49 of about 158 (some duplicates have been removed)
the politicalization of wall street right now, the ceos don't want to invest because they don't know about the tax cuts. but we have trillions of dollars that is ready to get into money flow. we need the money to get higher velocity and they're not doing it because they can't get a return on their investment. >> what's romney going to stay in the debate tomorrow to really articulate -- >> he's not going to be able to say those trillions can -- >> here's what romney said, to the extent that there's been any recovery at all, to the extent that there's been any economy growth at all, it's been -- whatever we have had has been completely funded -- remember what obama said, i'm going to build a new foundation. it's built on easy money and borrowing. >> the only argument, the only argument that romney and the republicans have is look how terrible things are, they're the america lose crowd. >> that's their only argument. >> so guess what, bright signs in the market you indicated today. bright signs in manufacturing. it couldn't possibly be because of good public policy. >> you realize this year's worse than l
, he wants to-- one, he wants to cut tax breaks or companies that outsource. when companies outsource the net effect is to create more jobs that were here. people were able to buy goods cheaper because companies are able to make the goods cheaper and buy goods cheaper and spend more money in other sectors, two the other they think he wants to do, he wanted to invest in education and training programs. that's all well and good, brenda and we know that's going to cost millions and millions of dollars, but that's not how the economy works. >> gary b, it's spending more, what does that do to the debt? >> well, brenda, he tries to get up, up, up. when i went to work for ibm 30-odd years ago, the government didn't teach me how computers work. bem caught me. rockefeller's oil company taught people how to drill for oil and gas and the third thing that strikes me that's not going to work. he wants to double manufacturing jobs, increase manufacturing jobs, that's fine, but why does the manufacturing get the benefit of government largest, why not the financial sector, oil and gas, all of this st
calling for higher taxes on the rich and new spending plans and it comes as we find out the economy's slowing, and someone here says the economic patriotism will only cause this number to keep growing. and take the economy down for good. are they right? hi, everyone, i'm brenda buttner, this is bulls and bears, here are the bulls and bears, gary b smith, tobin smith. jonas max ferris. and welcome everybody. gary b, is economic patriotism exactly what the economy needs? >> well, not this version of economic patriotism. you know, i think this plan is going to do a lot more harm than good, brenda, especially to the country's bottom line. look, i went through the plan, obama's plan. i went through his tv commercial, three things jumped out that just didn't make any sense, one, he wants to-- one, he wants to cut tax breaks or companies that outsource. when companies outsource the net effect is to create more jobs that were here. people were able to buy goods cheaper because companies are able to make the goods cheaper and buy goods cheaper and spend more money in other sectors, two the o
jobs and the economy. >> brown: plus, we have our own debate on the differing approaches to taxes and deficit reduction. >> woodruff: then, we turn to the war in syria, as skirmishes spill over the border with turkey for a second day in a row. >> brown: we come back to last night's debate with two takes on how it was received. ray suarez talked to voters in the swing state of florida. >> i didn't hear what i need to about jobs. that is the number one interest of generally everyone in the united states. >> woodruff: and in our regular "daily download" segment, margaret warner explores how the face off played in social media. >> brown: and it hasn't happened in baseball in 45 years. we look at 'triple crown' winner miguel cabrera of the detroit tigers. that's all ahead on tonight's "newshour." major funding for the pbs newshour has been provided by: and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. and with the ongoing support of these institutions and foundations. and... this program
of ten year time frame we would manage the cut and spending and tax increases and in investments, we need do all three. we need to tax, cut, and invest in the source of our strength. i think that would have a huge effect. i think americans today feel in many ways like children of two divorced parents. i think it's a pal in the country in a lot of ways. it would be huge. if we got a grand bargain on energy how to exploit the boundary of -- i think the two together would have a huge impact. so the question is how close are we to that? and, you know, i have a saying about the middle east which applies to the american politics. all important politics happens the morning after the morning after. >> when is that? >> here i'm talking about the election. here i think the question really is i don't know how the election is going come out. i make no prediction. i ask myself if romney gets smashed, if he gets smashed, it would -- i happen to think the political problem in the country we have a center left party and we have a far right party. that is a structure problem. the republican party has gone
team coverage tonight. jim angle has a fact check on last night's most heated issue, tax policy. ed henry has the obama campaign reaction. and we begin with carl cameron on the first debate. good evening, carl. >> hi, brett. the romney campaign could hardly be more excited about what happened last night. in fact, since the debate ended, they say they've been getting two donations per second as a measure of mitt romney's success the morning after is general election debate debut against the president, mitt romney made a surprise appearance to a thrilled and leaved audience of conservatives. >> last night i thought was a great opportunity for the american people to see two very different visions for the country. >> he reiterated a new attack. >> trickle down government that the president proposes is one where he will raise taxes on small business, which will kill jobs. i instead want to keep taxes down on small business so we can create jobs. >> romney awoke to rave reviews across the country and democrats admit he delivered. >> virtually everything you said about my tax plan is inacc
our record and our pro-growth tax reform cuts taxes 20% and higher take-home pay for middle class and pro-growth economic policies, that creates about 7 million jobs. so, the final analysis, people will realize, all the president is offering is more of the same with another round of stimulus and higher tax rates on job creators. we are offering very specific reforms, how do you save and shrink the medicare and social security and prevent the debt crisis and grow jobs, how do you have an interview policy that unleashes american internally and has energy independence? >> chris: here's my question, though, the fact the message has not gotten through as effectively as it could, so far, is that your fault? the romney campaign's fault or the voters fault. >> look, i think the president has done an effective job at trying to confuse the issue and disrupt positions an distract people, but, at the end of the day i don't think that will work. >> chris: any responsibility... >> look, we are going to prosecute the campaign, in the way that we have always planned, we'll give the country a very
round of stimulus and higher tax returns rates on job creators. we are offering specific reforms. strengthen social security. grow jobs. have an energy policy that unleashes american energy and has energy independence. >> chris: the fact that the message hasn't gotten through as effectively as it could so far is, that your fault, the romney campaign fault report voters' fault? >> it is not the voters' fault. i think the president has done an effective job of trying to confuse the issue and distract people. i don't think that is going to work. >> chris: do you take any responsibility? >> we going to pros is cute the campaign in the way that we always planned which is we will tiv this country a very clear choice. do you want stagnation and dependency or growth and opportunity? the problem is not everybody knows our five point plan for a stronger middle class. not everybody knows that we have the solutions that will get people better job security. >> chris: let's talk specifics. >> no matter how many times they tell you they will start talking specifics really soon they don't do it
freedom. trickle down government that the president proposes is one where he will raise taxes on small business which will kill jobs. i, steady, want to keep taxes down to create jobs. >>reporter: sunday morning chris christie thought the campaign would be turned on his head and got flak but chris christie was right. >>trace: the romney campaign is portraying the race as a very stark choice between the two candidates. >>reporter: highlight the differences. they got help from moderator jim lehrer who said several times we are very clear that there are very stark differences between the two of you. governor romney tried to make this a referendum on obama but that was not going anywhere so the big choice highlighting on the different issues from taxes to spending and the deficit. >> only in washington would you count $4 trillion of reduction when, in fact, the plan called for adding $1 trillion of debtry one of the next fur years. i think that is wrong. we should instead take a course represented by free democrat to get america to cap our funding, cut our spending and get us on track to a
' goal on a trillion dollar tax hike on those making more than 200,000 a year or family 250,000. >> people in the middle class has been squeezed or buried as the vice-president said. and romney's remarks, inelegant. 47%, he renounced it once and for all. >> completely wrong and i absolutely believe, however, that my life has shown that i care about 100%. >> and hoped with those remarks, romney would lay those to rest and close the door on that. to prevent that the democrats were pumping out attack ads to keep it very much. >> bret: carl cameron, on your last point, almost everyone talking about wednesday's debate says mitt romney did pretty well or won, but how he won, that's the question, as carl mentioned, that has entered the post debate spin cycle. >> governor romney may dance around his positions, but if you want to be president, you owe the american people the truth. >> stretching the truth or worse, that's how mitt romney won the debate. it's now a familiar refrain from democrats. echoed by sympathetic media outlets. >> i give him credit for a strong performance. i gi
ads claiming that mitt romney's going to race taxes on the middle class. now, mitt romney has never made that claim. this is coming from a report making all kinds of arguments. and he's made all kinds of assumptions that the romney campaign has rejected. >> he's trying to close a lot of loopholes i know he doesn't want to close in order to make that true. >> also puts harvey rosen, you can also generate enough growth to avoid a middle class tax increase. there are a loft credible folks saying something else. it's a fact he's going to raise middle class tax. >> the obama campaign, david plouffe is a chris christie of the campaign saying their campaign is built on a tripod of lies and the president has said sometimes they just make things up. so it sounds like the democratic side is going to say, hey, liars. >> last i checked, isn't this called politics? you have lying all the time in politics. it is our responsibility to call folks out on it. on my tv 1 show, i have a segment called the biggest damn lie. it's the biggest one each week we hear in politics. >> that's got to be a very t
out but in 94 days the economy bottomed could drop out when the bush tax rates and and the sequestration spending cuts began. the fast approaching train wreck nobody tries to derail texas congressman ron paul joins me on the phone. no one mentions this. like a storm that is not there. get past the immediate election but then we will be that much deeper in debt. >> it is unbelievable. they are in denial. they're not bad people but they should wake up the people around the country know what i am talking about. but washington wants to keep it quiet. it is a blame game. neil: what do you think will happen? a prominent democrat told me he thinks the three or six month extension then hachette out with whoever is elected obama or mitt romney >> that is a good estimate. once again that buries the problem. but they have not solved any problems. look at last summer they pushed it aside they will. but this is bad economics the market does not suffer from lack of liquidity in the bank's common they are loaded. is lack of confidence. in december they will not do anything. do
on tax policy, energy, medicare reform, your hometown newspaper has taken to calling you senator gone. you've got one of the worst attendance records in the united states senate. now, in my capacity as vice president, i am the president of the senate, the presiding officer. i'm up in the senate most tuesdays when they're in session. the first time i ever met you was when you walked on the stage tonight. with respect to israel and palestine, gwen, the suicide bombers in part were generated by saddam hussein, who paid $25,000 to the families of suicide bombers. i personally think one of the reasons that we don't have as many suicide attacks today in israel as we had in the past is because saddam's no longer in business. we've been strong supporters of israel. if president stepped forward and put in place a policy basically that said we will support the establishment of two states. the first president ever to say establish and support a palestinian state next door to israelis. but first, there has to be an interlocking agreement you can trust and deal with. we don't have that now. with y
, but trails on virtually every other big issue, including medicare, taxes and foreign policy. keeping them honest, when it comes to some of those issues, both candidates have come up short either on specifics or credibility. issues like cutting taxes without ballooning the deficit or burdening the middle class. the romney campaign has been asked again and again for specifics. here's runningmate paul ryan just yesterday on fox news. >> there's been a traditional democrat and republican consensus lowering tax rates by broadening the tax base works. and you can -- >> i have to -- you haven't given me the math. >> well, i don't have -- it would take me too long to go through all of the math. >> chris wallace kept trying but came away empty-handed. he's not the only one. take a look. >> which of the deductions are you going to be willing to eliminate? which of the tax credits are you going to -- when are you going to be able to tell us that? >> we'll go through that process with congress. >> give me an example of a loophole that you will close. >> i can tell you that people at the high end, hig
the differences between himself and zeroing in on taxes. >> for instance, he is going to raise taxes. vice president blurted out the truth. they plan on raising taxes trillion. they have already raised them a trillion. that is increases on taxes on small business, among other things. that will mean less jobs. >> reporter: on the campaign trail in ohio, president obama appeared to have a lot of fire that he seemed to be lacking on tuesday night. and accusing romney at shocking dishonesty and even though the deputy campaign acknowledged that tax cut would not be nearly 5 trillion dollars, it's something that the president repeated in cleveland. >> we put two wars a two tax cuts on a credit card. we didn't pay for them. now, mr. romney wants another 5 trillion dollars in tax cuts that he can't pay for. we're not going to let that happen. we are not going to fall backward, not with so much at stake. >> reporter: governor romney answering in the ad wars, as well. a new ad featuring melanie mack that mara that voted for president obama back in 2008. this time around she says she is going to vote
a tax break. we will think that at least some of these guys who give money are just too forward their beliefs. maybe that is starry eyed. at least in some cases, this is really not about consideration. that is not to say that their beliefs to outline of what material considerations. it is a little harder to tell this story of corruption. you can still tell the story of influence. the point of giving money to a candidate somewhere along the line is to change the way policy is made in this country. that will never go away. what do we do with the guys saying i like certain policies and i want to see more of that. >> there was an interview recently where it was said that there's a possibility of federal investigations. he was convinced it obama wins, they will pursue these. >> why not use the real one? >> the real one has already been flogged to death. >> having spent time -- sometimes the press gets it wrong in assuming that every -- anybody who gives money is a bad person. that is the assumption of the narrative. big bad money people who are out to buy the election. the reality is
the chinese have done it for 20 years, or you undertake a program of fiscal balance, tax rate reduction, simple deregulation, and stable stabilizing the value of the dollar. lou: how long do you think it would take to have a significant -- be able to report significant progress on all of that to the american people? is there, again, i always ask you this, is there a short term solution to what is now long term pain for the american people 2 million of bhom remain under employed or up employed. >> the short term solution is electing a new president. lou: say we do that -- >> yes. lou: what happens? >> them people are policy. we have to count on the clarity of mind of president obama to choose cabinet officers as well as bring with him enough congressman and senators to reorient the entire american economic policy. it's budgetary policies and monetary policies. >> okay. lou: we've got a lot to talk about it. we'll continue that in the next sit down, if you will, but it seems to me it's important that if governor romney is in an interesting position, at least in economics, finds himself in
spending cuts and tax increases. ronald reagan agreed to tax increases when it hit 4%. george w. bush did when it was 3% of gdp. but today's republican party is organized around the proposition that no matter the circumstances, there must never be a tax increase of any kind. the simpson-bowles proposal calls for $1 for every $3 of spending cut bus every republican presidential candidate during the primaries including romney pledge thad he or she would not accept $10 of spending cuts if that meant $1 of tax increases. so romney could present a serious economic plan with numbers that add up and then he would face a revolt within his own party. so his solution has been to be utterly vague about how to deal with the actually deficit. when pressed for details, he said, the devil's in the details. he's right. were he to get specific he would be committing ideological blasphemy. instead he talks about freedom and capitalism. the same pattern emerges on immigration. he says he wanted to solve the immigration issue permanently but he can't actually propose anything practical because that would tal
clear to people that all these falsehoods coming out of the obama campaign about our tax policy about our medicare reform and all that are just that. >> reporter: romney will be working in pre-debate campaigning as he arrives. every day counts. wolf? >> president obama is spending the next couple of days in henderson, nevada, gearing up for wednesday's debate. our white house correspondent dan lothian is over at the white house. he getting new information. what's the latest on his xaeb preparation, dan? >> reporter: campaign official telling me that the president began those practices last might after arriving in defense nevada and continued these rehearsals this morning in nevada as well. taking only a break this afternoon. one of the things that they are really working on is trying to get the president to be more concise and in his answers. you know, sometime it is president can be long winded and the campaign has admitted this and it is not the most effective way to deliver your message. so they are trying to get the president to answer these questions with very few words. he has a
on this program minutes from now. no letup in tax the rich mania. the u.n. takes aim at the richer people in america and europeans riot again to make them pay for, well, for everything. and then there is this, the european beat americans at golf again. but cheer up, "varney & company" is about to begin. >> good morning, "varney & company," today is monday october the 1st. wednesday is the first presidential debate and the obama campaign spent the weekend trying to low up media expectations that the president's already won. most mainstream polls do indeed have president obama in the lead, but according to rasmussen, governor romney has an edge among certain voters. 43% of likely voters say they are certain they will vote for mitt romney. 42% say they'll vote for the president. that's a very slight edge, but 15% of voters say they are uncommitted, with a number that large, the debate takes on added importance. new jersey governor chris christie in sharp contrast to the media thinks that romney will pull off a clear win this week. listen to this. >> i've seen mitt romney do this before. he'
debate. we're going to do that here, but i do want to begin with talking taxes. yes. taxes. did you hear paul ryan, if i heard this correctly, if i heard paul ryan correctly, he said he cannot explain mitt romney's tax policy, at least not the whole thing because, well, it would take too long. we'll play some of that sound for you in a moment. romney and ryan, they are clear about this. that they would cut everyone's tax rate 20%. cut and dry, 20% rate cut. but, to protect the government's revenue stream, they would have to kill certain deductions and certain loopholes, but they won't be specific, won't say which ones those would be. here is congressman ryan, he starts by trumpeting the tax rate cut. >> lowering tax rates by broadening the tax base works. and you can -- >> but i have to -- >> no. >> but you haven't given me the math. i don't have the -- it would ta me too long to go through all the math. >> too long to go through the math, he says. but ryan did go on to hint, didn't promise, but he hinted that a romney administration would look at tax loopholes enjoyed by the wealthy. he
Search Results 0 to 49 of about 158 (some duplicates have been removed)